Two very different products built for very different sponsors. No AUM fees, no gated pricing, no BS — just an honest side-by-side so you can pick the right one.
See what you’d payIf you’re a sub-$100M sponsor, deeltrack wins on price and simplicity. If you’re running a $500M+ institutional fund with LP reporting requirements like PREA and ILPA templates, Juniper is the established choice.
The difference that actually matters. Numbers below reflect publicly available signals; Juniper’s list price isn’t public, so we use industry-standard ranges.
Both platforms cover the core investor management workflow. Here’s what differs.
| Capability | Juniper Square | deeltrack |
|---|---|---|
| Deal management | ✓ | ✓ |
| Investor CRM & portal | ✓ | ✓ |
| Capital call automation | ✓ | ✓ |
| Distribution engine | ✓ | ✓ |
| Waterfall calculations (multi-tier pref & promote) | ✓ | ✓ — 73 unit tests & CPA-reviewed math |
| K-1 distribution & vault | ✓ | ✓ |
| Operating agreement generator | ✗ (3rd-party only) | ✓ |
| PPM / OM builder | ✗ | ✓ |
| E-signature (built in) | Via DocuSign integration | ✓ native |
| AI-drafted investor updates | ✗ | ✓ |
| Scenario planner (bear/base/bull) | ✗ | ✓ |
| Debt / loan maturity tracker | Limited | ✓ |
| ILPA / PREA reporting templates | ✓ deep | roadmap |
| Fund-of-funds / master-feeder structures | ✓ | roadmap |
| White-label / custom domain | ✓ | ✓ (Enterprise) |
| Security: AES-256 + KMS-wrapped keys for PII | ✓ | ✓ |
| Implementation time | 60–120 days | Same day |
| Published pricing | ✗ | ✓ |
| Pay-per-active-deal | ✗ | ✓ |
Neither is “better.” They’re built for different sponsors at different stages.
Fair question. Here’s the honest answer:
We’re not cheaper because we’re worse. We’re cheaper because AUM pricing is a tax on growth that has nothing to do with the cost of serving you. The software doesn’t get more expensive to run when your fund gets bigger — but institutional platforms bill you like it does.
deeltrack was built by a CPA who does the actual work — K-1s, waterfall reconciliations, capital account statements — for sponsors who don’t need fund-of-funds complexity or a 90-day rollout. For that sponsor, Juniper is over-built and over-priced.
If you’re running $1B and need ILPA-compliant quarterly reporting delivered to a pension LP, use Juniper. If you’re running 4 multifamily deals and want to stop hating your back office, try deeltrack free for 3 months.
No credit card. No AUM fees. Published pricing. Cancel anytime.
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